CDS Crypto News AMD vs Nvidia: Diversification Strategy Drives Mixed Results for AMD in Q3 2024
Crypto News

AMD vs Nvidia: Diversification Strategy Drives Mixed Results for AMD in Q3 2024

124
Amd Vs Nvidia Diversification Strategy Drives Mixed Results For Amd In Q3 2024

AMD vs Nvidia: Is AMD Positioned to Close the AI GPU Gap by 2025?

Amd Vs Nvidia: Is Amd Positioned To Close The Ai Gpu Gap By 2025?

Given the success of Nvidia as an investment, it makes sense to examine comparable businesses to determine if they have potential. In order to develop artificial intelligence (AI) models, AMD also offers a significant range of graphics processing units (GPUs). Even though AMD is clearly behind Nvidia, will it be able to overtake it in 2025?

AMD’s Data Center Revenue Surges 122%, Boosting Q3 2024 Performance

Amd’s Data Center Revenue Surges 122%, Boosting Q3 2024 Performance

Compared to Nvidia, AMD is a significantly larger firm. AMD is also involved in CPUs (central processing units), which are utilized in PCs and data centers, but Nvidia is concentrated on the GPU sector and the different products that support it. Additionally, field programable gate arrays (FPGAs), which are employed in certain industrial applications, are produced by its embedded processor sector.

AMD hasn’t performed as well in recent years as a result of its diversification in comparison to Nvidia. AMD’s revenue has been relatively stable since 2023, whilst Nvidia’s revenue has increased dramatically. However, diversity, not its second-place GPUs, is more responsible for AMD’s static sales number. AMD’s data center, which houses its GPU division that is comparable to Nvidia, has seen a sharp surge in income in several quarters. The fiscal year 2024’s third quarter saw a 122% increase in revenue.

This is good news for AMD because client revenue, which includes AMD’s PC hardware, increased by 29%. In previous quarters, this segment has had difficulties. Its embedded and gaming divisions, meanwhile, saw declines of 25% and 69%, respectively, year over year. Nevertheless, AMD’s sales grew by 18% annually, the greatest rise since 2022, despite these mixed outcomes.

For more up-to-date crypto news, you can follow Crypto Data Space.

Amd Vs Nvidia: Diversification Strategy Drives Mixed Results For Amd In Q3 2024 292540
Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Trump Family Eyes Ethereum: A Bold Step Into the Crypto World?

The Trump family is reportedly exploring deeper involvement in the cryptocurrency space,...

Bitcoin News – Bitcoin’s Role in the Global Economy: Goldman Sachs CEO’s Perspective

Goldman Sachs CEO David Solomon stated that Bitcoin is not a threat...

Market Trends You Need to Know Before Wednesday’s Trading Begins

Stocks rise on Trump’s tariff shift, Netflix soars, United Airlines exceeds forecasts,...

AI16Z Token Sees Major Price Surge Amid Increased Demand

AI16Z token surges 44% to $1.25, driven by exchange listings, partnerships, and...